A.) Consumer demand for a certain car is greater than the number of cars that can be produced.
Answer:
If all the doses were sold, the total profit would be of $80,000.
Explanation:
To obtain the economic gain of a business, the production cost must be subtracted from the sales value of the products sold. In the case, the 10,000 products were sold at $ 12, giving a total sales revenue of $ 120,000. But in turn, those 10,000 products cost $ 4 each, giving a total production cost of $ 40,000. Therefore, the profit of BreatheDeep, after subtracting production costs, is $ 80,000.
Answer:
see below
Explanation:
A positive correlation signifies that an increase in one variable results in the other variable moving in the same direction. Because supply and price are positively correlated, a price increase will increases supply. The opposite is also true.
Suppliers are business people whose main objective is to make profits. Higher prices give higher margins. Suppliers make higher profits when prices are high. The possibility of making higher profits motivates suppliers to increase supplies to the market. On the other hand, low prices may result in losses. When prices are low, supplies will shy away from the market to avoid making losses.
The Answer is D. It would not affect gross income. Gross income is the total amount of income you gain before expenses are taken away.